A revised version of the Housing Department's Rules & Regulations were adopted at the Joint Information Meeting (JIM) on Monday, October 7th, 2019.
The full text of the revised Housing Rules & Regulations can be viewed here.
Major changes include:
- Revised Minimum Occupancy Requirements:
- Affordable Units
- Studio: One (1) or two (2) people
- One-bedroom: One (1) or more people
- Two-bedroom: Two (2) or more people
- Three-bedroom: One (1) or two (2) adults with two (2) or more dependents. For rental units: 3 or more people
- Four-bedroom: One (1) or two (2) adults with three (3) or more dependents. For rental units: 4 or more people.
- Workforce Units
- No min. occupancy requirements on Workforce units. If a household meets the minimum occupancy requirements definted by the Affordable Program, they will receive one (1) extra entry into the drawing.
- For Affordable units, adults not listed on the application must wait one year before residing in the unit. Workforce units can move additional adults in at any time after purchase under the following conditions:
- Must have approval of the Housing Department.
- Approval is contingent on all parties signing an Occupancy Agreement.
- All adults residing in a restricted unit must be on title or sign an Occupancy Agreement.
- Self-Employed - Business Income Calculation Policy
- Interruption of employment: Household must have re-established employment in Teton County within 1 month of the reason for the interruption of employment and must be able to verify.
- Critical Services Provider (CSP) – When a supervisor questionnaire expires (6 months) the Housing Department will contact the supervisor to update the questionnaire.
- If the Housing Department receives no applications in a Weighted Drawing, the Weighted Drawing will be held again and open to the next tier of minimum occupancy. If still no applications are recieved, the owner can choose to lower the price and/or sell on a first come first served basis.
- Drawing Results may be requested by the public, but will not be posted online.
- The Consumer Price Index (CPI) used is the Denver-Aurora-Lakewood CPI (fka Denver-Boulder-Greeley)
- The household chosen in a weighted drawing will have two (2) business days to respond to the Housing Department’s efforts to notify them that they were selected. A phone call and an email will be sent to the household. If there is no response, the Housing Department will move on to the next household drawn.
- If for any reason the buyer cannot close within 3 weeks of the seller’s timeline, the seller can choose to move on to the next household in the drawing.
- Seller has 2 business days to sign the contract or the closing may be delayed.
- For Affordable units, divorces must be finalized prior to closing on the home. For Workforce units, divorces do not need to be finalized. Households may apply without including their spouse’s income and assets.
- Teachers – If a person meets the definition of Teacher, they can add 250 hours to their work hours. (Teacher: Any individual who (1) works with individuals age three - eighteen, and (2) whose duties involve classroom or other instruction or the supervision or direction of classroom or ther instruction, and (3) whose primary employment is at least thirty hours a week for at least nine months per year, but is not employed in that position for at least two months per year).
- All adults who are not attending college and/or are 25 years of age or older must be on the application. If not going on title these individuals must sign an Occupancy Agreement.
If you have any questions about these changes, please reach out to the Housing Department.
Jackson/Teton County Affordable Housing Department